1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
SOVA2 [1]
3 years ago
12

Wilt's has earnings per share of $2.98 and dividends per share of $0.35. What is the firm's sustainable rate of growth if its re

turn on assets is 14.6% and its return on equity is 18.2%?
Business
1 answer:
vodka [1.7K]3 years ago
7 0

Answer:

16.06%

Explanation:

According to the given situation the computation of sustainable rate of growth is shown below:-

Sustainable Growth Rate = Return on equity × (1 - Dividend payout ratio)

= 18.2% × ( 1 - 0.35 ÷ 2.98)

= 18.2% × ( 1 - 0.1174)

= 16.06%

Therefore for computing the sustainable rate of growth we simply applied the above formula.

You might be interested in
An acquisition premium is the amount by which the price offered for an existing business exceeds the Select one: a. amount paid
MAVERICK [17]

Answer:

d. pre-acquisition market value of the target company.

Explanation:

An acquisition premium is the amount by which the price offered for an existing business exceeds the pre-acquisition market value of the target company.

An acquisition premium gives the difference between the actual amount of money paid in acquiring a target firm and the estimated real value of obtaining the firm before the acquisition.

Acquisition premium are usually recorded on the balance sheet as "goodwill."

8 0
3 years ago
A licensed _______________ must display his or her license conspicuously in the principal place of business at all times.
creativ13 [48]

Answer:

Broker

Explanation:

A licensed broker must dispaly his or her name boldly in their primary place of business at all times becasue it helps to identify a broker quickly as well as has gives confidence to customers to transact business with them.

Cheers.

3 0
3 years ago
The following units of an inventory item were available for sale during the year. Beginning inventory 10 units at $55 First purc
Sphinxa [80]

Answer:

$1,375

Explanation:

Given the information above, the Ending inventory = Units available - Units sold

Units available = 10 + 25 + 30 + 70 = 80

Units sold = 60

Ending inventory = 80 - 60

Ending inventory = 20

Cost of ending inventory under FIFO

= (15 × $70) + (20 - 15) × $65

= $1,050 + $325

= $1,375

Therefore, the ending inventory cost using FIFO is $1,375

5 0
3 years ago
If you needed financial advice, whom would you ask? Why?
kap26 [50]

Answer: financial advisors

Explanation: A financial advisor can help you create a long-term investing strategy, weigh the pros and cons of different account types, pick mutual funds, rebalance your investing portfolio, and set savings benchmarks to help you reach your long-term goals.

Hope this helped

6 0
4 years ago
To compete in today's market, how often should firms focus on marketing planning so that managers and executives have the core i
OleMash [197]

Answer: at all times

Explanation: To compete and stand out in today's market, there is need for proper marketing planning and this should be done AT ALL TIMES. This is because the more you plan, the more you discover new strategies of making your market stand out, the more your goals are attainable.

6 0
4 years ago
Other questions:
  • If someone dies without a will, who handles the distribution of the person’s estate?
    9·1 answer
  • In a master-detail relationship scenario, the fields of the parent object need to be displayed in the related list. How will a d
    7·1 answer
  • You are the manager of a medium-sized farm with 100 acres of workable land. You can farm the land yourself, rent the land to ano
    13·1 answer
  • Two factory plants are making TV panels. Yesterday, Plant A produced twice as many panels as Plant B. Two percent of the panels
    13·1 answer
  • An examination of the financial statements of a business to ensure that they conform to generally accepted accounting principles
    14·1 answer
  • The amount of increase or decrease in cost that is expected from a particular course of action as compared with an alternative i
    7·1 answer
  • The power of a labor union weakens when the company introduces technologies that replace the need for the union's members. techn
    15·1 answer
  • MC Qu. 116 CWN Company uses a job order costing... CWN Company uses a job order costing system and last period incurred $90,000
    9·1 answer
  • Helpppppppppppppppppp will give brainliest.
    15·1 answer
  • _____ means transmitting information across functional boundaries in an organization to align all functions with customer expect
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!